Total amount raised
$53.3 Millions
Latest funding date
02/01/2024
Location
Alodokter has successfully raised significant funding through multiple rounds, with its latest being a Series D round closed on February 21, 2024. The platform offers telemedicine services, access to doctors, and other health-related digital solutions.
With backing from 16 investors, including HL Mando and Beacon Venture Capital, Alodokter continues to innovate in the digital health space. Keep reading to explore the intricacies of Alodokter's fundraising journey and the investors supporting this transformative platform.
What Is Alodokter?
Alodokter, founded in July 2014 by Nathanael Faibis and Suci Arumsari, is a digital health platform based in Jakarta, Indonesia. The company operates in the health care, internet, medical, and wellness industries.
With a workforce of 251-500 employees, Alodokter offers comprehensive digital solutions, including telemedicine services, access to doctors, and credible health information. The platform aims to provide end-to-end support for patients, enhancing their access to medical care and information.
How Much Funding Has Alodokter Raised?
- Seed Round
- Amount Raised: $600K
- Date: April 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish the platform and develop initial digital health services.
- Series A
- Amount Raised: $2.5M
- Date: August 2016
- Lead Investors: Golden Gate Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's user base and enhance service offerings.
- Series B
- Amount Raised: $9M
- Date: November 2017
- Lead Investors: SBVA
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and improve technological infrastructure.
- Series C
- Amount Raised: $33M
- Date: October 2019
- Lead Investors: Sequis Life
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand services and enter new markets.
- Series C
- Amount Raised: Not publicly disclosed
- Date: November 2020
- Lead Investors: MDI Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance digital health solutions and increase market penetration.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: June 2021
- Lead Investors: MDI Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and technological advancements.
- Venture Round
- Amount Raised: $3M
- Date: September 2022
- Lead Investors: Samsung Venture Investment
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand digital health services and improve user experience.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: July 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling operations and enhance service offerings.
- Series D
- Amount Raised: $5.2M
- Date: February 2024
- Lead Investors: HL Mando, Beacon Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel digital health expansion and innovation.
Total Amount Raised: $53.3M. Current Valuation: Not publicly disclosed.
Key Investors
- Golden Gate Ventures
- Details: Golden Gate Ventures is a venture capital firm based in Singapore. It focuses on early-stage investments in Southeast Asia.
- Investment Focus Areas: E-commerce, Fintech, Healthtech
- Notable Investments: Carousell, RedMart, Alodokter
- SBVA
- Details: SBVA is a venture capital firm that invests in high-growth technology companies. It is known for its strategic investments in the health and wellness sectors.
- Investment Focus Areas: Healthtech, Biotech, Digital Health
- Notable Investments: Alodokter, HealthifyMe, Practo
- Sequis Life
- Details: Sequis Life is a leading life insurance company in Indonesia. It offers a range of insurance products and services to individuals and businesses.
- Investment Focus Areas: Insurance, Healthtech, Financial Services
- Notable Investments: Alodokter, Halodoc, Lifepal
- MDI Ventures
- Details: MDI Ventures is a corporate venture capital initiative by Telkom Indonesia. It invests in technology startups across various sectors.
- Investment Focus Areas: Fintech, Healthtech, E-commerce
- Notable Investments: Alodokter, Kredivo, PrivyID
- Samsung Venture Investment
- Details: Samsung Venture Investment is the venture capital arm of Samsung Group. It focuses on investments in innovative technology companies.
- Investment Focus Areas: Healthtech, AI, IoT
- Notable Investments: Alodokter, Glympse, Afero
What's Next for Alodokter?
Alodokter is poised to capitalize on the growing demand for digital health services in Indonesia. With a robust platform already in place, the company is well-positioned to expand its offerings and reach a broader audience. The potential for growth in the digital health sector is immense, driven by increasing internet penetration and a rising awareness of telemedicine's benefits.
Future fundraising opportunities are likely as Alodokter continues to innovate and scale its operations. Investors are expected to be attracted by the company's strong market position and the significant opportunities for expansion. However, challenges such as regulatory hurdles and competition from other digital health platforms may pose obstacles. Navigating these challenges will be crucial for Alodokter's sustained growth and success.
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